11.20.15
There are changes coming to the leadership at Estée Lauder Companies Inc. effective January 1, 2016, led by expanded responsibilities and new title for John Demsey.
Demsey will expand his responsibilities and become Executive Group President, The Estée Lauder Companies. He will add Clinique and the men’s skincare group to his portfolio while continuing to oversee Aramis and Designer Fragrances, Prescriptives, M•A•C Cosmetics, Bobbi Brown, Jo Malone London, Bumble and bumble, Tom Ford, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GlamGlow.
In his role, Demsey will also lead a newly created Center of Excellence for Creative, continuing to advance capabilities, processes and talent development in this important area for the company.
Jane Hertzmark Hudis will become group president, The Estée Lauder Companies. Hudis will continue to lead the company’s Estée Lauder and Aerin brands while adding La Mer, Darphin, Origins and Aveda to her portfolio. Hudis will also join several leadership committees within the company.
Both executives will report directly to Fabrizio Freda, president and CEO.
The appointments follow the previously announced retirement of Lynne Greene, group president, and are part of the company’s continuous organizational evolution to further align its expanding portfolio of brands while providing key leaders with increased opportunities. Greene will work closely with Demsey and Hudis to help ensure a seamless transition of responsibilities, as Greene prepares to retire on June 30, 2016.
“These appointments for John and Jane recognize their strong leadership and unparalleled ability to drive the continued future success of our diverse portfolio of prestige brands,” said Freda. “They also have a keen understanding of our key strategic initiatives, including Creativity, Innovation, Digital and Emerging Market growth, and have demonstrated relentless commitment and leadership to advancing our business in these areas. I look forward to continuing to work closely with Jane and John on their increased responsibilities.”
Demsey will expand his responsibilities and become Executive Group President, The Estée Lauder Companies. He will add Clinique and the men’s skincare group to his portfolio while continuing to oversee Aramis and Designer Fragrances, Prescriptives, M•A•C Cosmetics, Bobbi Brown, Jo Malone London, Bumble and bumble, Tom Ford, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GlamGlow.
In his role, Demsey will also lead a newly created Center of Excellence for Creative, continuing to advance capabilities, processes and talent development in this important area for the company.
Jane Hertzmark Hudis will become group president, The Estée Lauder Companies. Hudis will continue to lead the company’s Estée Lauder and Aerin brands while adding La Mer, Darphin, Origins and Aveda to her portfolio. Hudis will also join several leadership committees within the company.
Both executives will report directly to Fabrizio Freda, president and CEO.
The appointments follow the previously announced retirement of Lynne Greene, group president, and are part of the company’s continuous organizational evolution to further align its expanding portfolio of brands while providing key leaders with increased opportunities. Greene will work closely with Demsey and Hudis to help ensure a seamless transition of responsibilities, as Greene prepares to retire on June 30, 2016.
“These appointments for John and Jane recognize their strong leadership and unparalleled ability to drive the continued future success of our diverse portfolio of prestige brands,” said Freda. “They also have a keen understanding of our key strategic initiatives, including Creativity, Innovation, Digital and Emerging Market growth, and have demonstrated relentless commitment and leadership to advancing our business in these areas. I look forward to continuing to work closely with Jane and John on their increased responsibilities.”
